Latest Government It News

Infini Resources has completed a significant Phase 2 drilling campaign at its Portland Creek Uranium Project, alongside a strategic landholding expansion exceeding 120%, while confirming high-grade uranium at other Canadian projects.

Deep Yellow Limited reported a $15.8 million net cash outflow from operations in Q2 2025, yet maintains a robust cash position with enough funding to cover operations for nine quarters.

Hiremii Limited has reported its highest-ever quarterly revenue and gross profit, driven by growth in its recruitment business and enhanced AI technology. The company also completed a significant capital raise to accelerate its expansion plans.

Helix Resources updates investors on the complex status of its Gold Basin joint venture amid a hostile takeover bid by Canex Metals and a loan restructuring by Gold Basin Resources.

Legacy Minerals advances its flagship Mt Carrington Project with an expanded scoping study and confirms high-grade mineralisation, while securing a significant farm-in joint venture option with Rio Tinto for the Thomson Project.

European Metals Holdings has raised A$3.46 million through a discounted placement to fund the next phase of its Cinovec Lithium Project, a key European battery-grade lithium source. The company is advancing project financing and strategic partnerships following a positive Definitive Feasibility Study.

Morella Corporation has initiated Federal Court proceedings against former receivers over disputed proceeds from a 2020 asset sale, aiming to recover value for shareholders without disrupting current operations.

The Garvan Institute has won a $3 million MRFF grant to conduct pivotal pancreatic cancer studies, including one evaluating Syntara’s amsulostat combined with chemotherapy. Recruitment is slated to begin mid-2026 across major NSW cancer centres.

Terra Critical Minerals has amended its option agreement with ATHA Energy Corp to fast-track uranium exploration at the Pasfield Lake Project, increasing expenditure and drilling commitments in response to rising uranium prices.

Arrow Minerals maintains a cautious stance as regulatory ambiguity stalls its Guinea projects, while the country’s recent election brings a hopeful backdrop for resolution.

Australian Foundation Investment Company reports a 4.6% decline in half-year profit but sustains its interim dividend with a special payout, while portfolio returns lag the benchmark.

Galileo Mining Ltd has responded to an ASX price and volume query, confirming no undisclosed material information exists to explain recent trading activity. The company attributes the surge to positive market sentiment around its Norseman Project and lithium joint venture with Mineral Resources.